TRA - Turners Automotive Group

[Basil]

Two decent blocks of shares just crossed at $8.40 one was for 166000 shares at that new all time high and that's just a week after going ex dividend. Crickey.

[mike2023]

I'm waiting for something similar to happen with TWR now.

[Basil]

Decent 11%+ uplift in used car transactions in December as Turners hits another fresh all time high of $8.43 today
https://www.turners.co.nz/globalassets/terms-and-conditions/market-report-cars---December-2025.pdf

[Dolcile]

$8.50

Wow

[mike2023]

I find it bizarre how many stocks rise ex div but TRA has been the star performer in this over the last 3 years.

[Dolcile]

I find it bizarre how many stocks rise ex div but TRA has been the star performer in this over the last 3 years.

Yeah it really shouldn't be the case, in fact, because a lot of investors will be on marginal rates above 28% the share price should drop by more than the dividend.

Oh well :-)

Taking advantage of the DRP on Turners has been a real cherry on the top!

[Waltzing]

UBA - unbelievable....nearly 8.50....

only 1.50 from 10...

[Dolcile]

I am still a bit stunned we are at $8.50.   Thanks to Basil for alerting me to this great company.   

Price activity bodes well for a positive second half.   

[Basil]

Its very satisfying to see the market according the company and it's management the respect they deserve.

Now trading at 16 times next years, FY27, earnings its not cheap but not expensive either considering it's 5 year EPS CAGR of 12%.

[Sideshow Bob]

Its very satisfying to see the market according the company and it's management the respect they deserve.

Now trading at 16 times next years, FY27, earnings its not cheap but not expensive either considering it's 5 year EPS CAGR of 12%.

https://www.nzx.com/announcements/465912

Competitors are making some positive noises about the market, so TRA would be experiencing the same to a greater/lesser degree.

[winner (n)]

As TRA share price heads to new highs thought I'd  check what the PE ratio has grown by

Jeez - PE has expanded at a staggering 12% pa ... yep a CAGR of 12%

Talk about market love

[Basil]

Yes their superb track record of 12% CAGR in EPS over the last 5 years during the darkest days of the deepest recession in N.Z. in decades has been recognized by the market but is a company trading at 16.5 times FY27 earnings over priced when its delivered 12% CAGR EPS growth ?  If the company can perform so well in the deepest of recessions imagine how well they can perform when the economy is growing !  I'd argue its still one of the cheapest GARP stocks on the NZX that's growing quickly.

[lorraina]

All parts of the business are firing on all cylinders.
The three new sites in Christchurch are well located, and very well presented to take full advantage of Turners excellent Tina marketing.
Customer satisfaction is extremely high.

[777]

Money in vehicles... Colonial Motors update

MKTUPDTE: CMO: Guidance update

On 17 December 2025, the Company provided guidance that the then anticipated
trading profit before tax for the six months to 31 December 2025 would be at
least 20% ahead of the previous comparative six months to 31 December 2024.
Following a stronger than anticipated December result, that guidance can be
increased to a trading profit before tax for the half year to be at least 30%
ahead of the previous comparative six months.
End CA:00466626 For:CMO Type:MKTUPDTE Time:2026-01-28 16:25:00

[Dolcile]

Money in vehicles... Colonial Motors update

MKTUPDTE: CMO: Guidance update

On 17 December 2025, the Company provided guidance that the then anticipated
trading profit before tax for the six months to 31 December 2025 would be at
least 20% ahead of the previous comparative six months to 31 December 2024.
Following a stronger than anticipated December result, that guidance can be
increased to a trading profit before tax for the half year to be at least 30%
ahead of the previous comparative six months.
End CA:00466626 For:CMO Type:MKTUPDTE Time:2026-01-28 16:25:00

wow that's a great result. Bodes well for turners.